This discussion clarifies the Goods and Services Tax (GST) implications when rent payments are waived due to circumstances like the Covid-19 pandemic. If a rent bill is raised but subsequently waived or cancelled entirely, no GST is applicable. However, GST may still be liable if the rent is merely written off rather than formally waived.
20 July 2020
Hello, My Clint raise a bill to tenant for rent, but due to Covid -19 the tenant is not able to pay the same and he is demanding for waiver from rent bill. please tell me what are the implication under GST and is there waiver of GST laibility to my client. Thanks in Advance.